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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Warehouses
2708 Limestone St Coplay, PA 18037-2212
Entity Owned
7-yr Hold
Free & Clear
Property ID
US73-1157460
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1960
Total area
7,500 SF
Lot
2.04 ac (88,688 SF)
Zoning code
LI-B
APN
547974755525-1
UPID
US73-1157460
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$727k
Blend (final)
Blend
$625k
Owner & transaction history
Drazar LLC · 7 yrs held
Drazar LLC
since 2019
3 recorded transactions
Zoning & alternative use
LI-B · Coplay, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Chapter 27 Zoning
Top alternative use upside
Commercial (general)
$1.0M
+40.4%
Retail stores
$915,000
+27.7%
Apartment house (5+ units)
$870,000
+21.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Coplay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coplay submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$715,000
Current use
COMMERCIAL (GENERAL)
$1,005,000
Change: +40% · Conversion: Difficult
RETAIL STORES
$915,000
Change: +28% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$870,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$625k
Range $563k – $688k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$83 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$7,237
Tax year 2024
Assessed value
$346,600
Assessed 2024
Previous assessed
$346,600
+0.0% YoY
Effective rate
2.09%
On assessed value
Assessed land
$183,200
Assessed improvement
$163,400
Land market value
$183,200
Improvement market value
$163,400
Total market value
$346,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1960
Heating
SPACE
Buildings
3
Stories
1
Total area
7,500 SF
Lot
2.04 ac (88,688 SF)
Zoning code
LI-B
APN
547974755525-1
UPID
US73-1157460
Jurisdiction
LEHIGH
Zoning & alternative use
LI-B · Coplay, PAZoning LI-B · permitted uses
LI-B · Coplay, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Chapter 27 Zoning
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$715,000
COMMERCIAL (GENERAL)
Est. value
$1.0M
RETAIL STORES
Est. value
$915,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$870,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1960
Heating
SPACE
Stories
1
Buildings
3
Lot
2.04 ac
Current owner
From public records · entity-resolved
Drazar LLC
Entity
Free & Clear · 7 yrs held
Mailing address
6576 CENTRAL RD, NEW TRIPOLI, PA 18066-2022
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2019
$270,000
Drazar LLC
Ken-b-vic Ptshp
Grant Deed
—
Oct 25, 2018
—
Kenneth C Ellis
—
Deed
related
$300,000 · Branch Bk&tr
—
—
Kenneth C Ellis
—
Loan Modification
related
$300,000 · Branch Bk&tr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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